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Introduction - Gambling economics and management: some insights into recent developments in gambling-related research

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  • Levi Perez

Abstract

There are several arguments why the economic and management analysis of gambling seems to be very interesting. Gambling is a relevant worldwide market from which either local or national governments obtain resources due to some sort of fiscal imposition on gambling participation. On the other hand, gambling is also a social phenomenon with potential risks to society and the consumption of gambling seems to violate the premises of economic theory (risk aversion, maximizing and rational conduct). The aim of this special issue is to provide an outlet for recent developments in gambling-related research encompassing topics on sports betting, responsible gambling, lottery markets and online gambling, among others.

Suggested Citation

  • Levi Perez, 2018. "Introduction - Gambling economics and management: some insights into recent developments in gambling-related research," Economics and Business Letters, Oviedo University Press, vol. 7(4), pages 126-128.
    • Handle: RePEc:ove:journl:aid:13104
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/13104
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    References listed on IDEAS

    as
    1. Raymond D. Sauer, 2001. "The political economy of gambling regulation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 22(1-3), pages 5-15.
    2. Niko Suhonen & Jani Saastamoinen, 2018. "How Do Prior Gains and Losses Affect Subsequent Risk Taking? New Evidence from Individual-Level Horse Race Bets," Management Science, INFORMS, vol. 64(6), pages 2797-2808, June.
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